Articles On OFX Group (ASX:OFX)

Since release of the ASX September rebalance many companies elevated to the S&P/ASX 200 have seen their five-day share prices lifted Resources stocks dominate additions to both the S&P/ASX 200 and S&P/ASX 300, including those l...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

The S&P/ASX 200 Index (ASX: XJO) us having a very strong day on Thursday. In late trade, the benchmark index is up 1% to 7,061.2 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’s why...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

Highlights Return on Equity (ROE) is one of the measures of financial performance that helps gauge the company's profitability and efficiency in profit generation. While looking for stocks, it is always advisable to target an ROE equal...

The good folk at the RBA meet today @ 2:30pm (Sydenham time) to make a call on the cash rate. Of some 23 sterling market economists surveyed by our annoying direct competitor Bloomberg, 11 forecast a 40 basis point (bps) increase to 0.75%....

If you’re uncertain about what will happen with inflation and the economy, maybe it’s time to get “meta”. That is, take a look at ASX companies that handle money as their business. After all, even if the economy comes under pressure from r...

Elio D’Amato, Spotee Connect BUY RECOMMENDATIONS OFX Group (OFX) This global provider of international payments and foreign exchange services is forecasting net operating income (NOI) of between $200 million and $212 million in fiscal year...

The domestic market is slowly chipping away at recent losses, with the S&P/ASX 200 (ASX: XJO) gaining another 0.3% on Tuesday behind a rally in the energy and utilities sectors. The energy sector was buoyed another 2% by a rally in the...

ShareCafeEvening Report: 17 May, 2022 by Melissa Darmawan   Australian stocks posted its third straight day of gains pushed higher by the index’s largest banks, miners, and energy stocks, notching its longest winning streak since mid-March....

Miners and energy producers steered the share market to a third straight advance after Chinese progress against Covid outbreaks boosted commodity prices. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent. The Australian benchmark...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up 0.15% to 7,104.6 points. Four ASX shares that are climbing more than most today are listed belo...

Aussie shares pushed for a third straight advance for the first time in a month as gains in commodity stocks offset weakness in tech and healthcare. The S&P/ASX 200 rallied 14 points or 0.2 per cent by mid-session. Rebounds in iro...

The OFX Group Ltd (ASX: OFX) share price is charging higher on Tuesday, up 8.06% at $2.68. However, in earlier trade, it reached as high as $2.75 — an 11% gain on its previous close. Investors appear to be rallying behind the company afte...

Like quality hard rock, the Aussie cash rate has been in a 30-year nosedive. From the grandiose heights of 17.5% (let’s call it Nirvana’s Nevermind) to where we are now, the first rise for official interest rates is the first step away from...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

It hasn’t been an easy time to own small-cap ASX shares. The S&P/ASX Small Ordinaries (ASX: XSO) index is down almost 9% this year, and the loss would be more if it weren’t for the resources sector holding it up. But one could argue th...

Wall Street rallies as oil retreats further US stocks surged overnight, as oil retreated to below US$100 a barrel. All three major US indexes rose – the S&P 500 by 2.14%, the Dow by 1.82%, and tech heavy Nasdaq by 2.92%. Prices for Bren...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Monash Investors portfolio manager Sebastian Correia reveals the ASX share he’d hold for years, a...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Monash Investors portfolio manager Sebastian Correia reveals how the largest holdings in his fund...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Money Talks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from TAMIM Asset...

The ASX started the week lower as a result of a drop in the energy and financial sectors. Energy shares fell by over 3%, as surging cases of the Omicron variant raised fears that new restrictions may hit fuel demand. Financials meanwhile we...

The OFX Group Ltd (ASX: OFX) share price is taking off today after the company announced that it’s agreed to acquire a Canadian foreign exchange service provider. The company is set to purchase Firma Foreign Exchange Corporation, which off...

Highlights The Australian shares opened lower on Monday after US stocks settled on a weak note last Friday. The ASX 200 opened down just 4.60 points to 7,299.40 this morning. At the closing on Friday, on Wall Street, the Dow Jones fel...

Companies utilising September 30 as their end of financial year are gradually releasing results to the market led by major bank NAB (ASX:NAB).   Good performers NAB reported a $6.36 billion net profit and declared a 67 cent per share final...

Wall Street keeps climbing to fresh new records US stocks have risen for their seventh consecutive day, each time hitting new record highs. On Monday, all three US benchmark indexes rose again – the Dow Jones by 0.29%, the S&P 500 by 0....

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Some high-flying ASX-listed shares can easily go undetected in between the day-to-day inundation. One such company that has quietly been making a bounce back is Douugh Ltd (ASX: DOU) and its share price. Today’s gain takes the financial wel...

The ASX 200 rose 1.05 per cent today to 7,218 and the ASX Emerging Companies Index was up 1.25 per cent to 2,194. Energy was the best performing sector, gaining 4 per cent after gains in oil prices overnight. Utilities gained over 2.6 per c...

Summary Amplia Therapeutics has received promising data from its Focal Adhesion Kinase inhibitor in the treatment of cancer. Spectur expects to post a record revenue of approximately AU$1.8 million in Q4. Douugh has formed a strategic...

Summary The ASX 200 opened 27% higher at 7,161.90, even as Wall Street closed on a mixed note. The domestic market would be closely awaiting the gross domestic product (GDP) data. On Tuesday, the Dow Jones climbed 0.1%, the S&P 50...

The Douugh Ltd (ASX: DOU) share price is on the move on Wednesday. In morning trade, the financial wellness app company’s shares are up 9% to 12 cents. However, despite this gain, the Douugh share price is still down almost 30% in 2021. Wh...

Within months of its acquisition of share trading app Goodments, AI-powered neobank Douugh (ASX: DOU) has announced a strategic partnership with OFX (ASX: OFX) to improve foreign exchange services on the recently incorporated platform. Un...

Summary Extending gain for the third session, the ASX200 trades higher by 70 points or 0.51% at 7,059.30. Nuix led the pack with a 9% gain, while St Barbara nosedived over 10%, making it the top loser. Six of 11 sectors traded higher,...

Summary The ASX 200 opened higher on Tuesday and gained 25 points at the open. On Monday, Wall Street closed on a muted note, with all indices settling down. The investors would be closely tracking the Reserve Bank of Australia’s (RBA...

Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated...

Gaining exposure to the foreign exchange (or forex) markets on the ASX isn’t as hard as you may think. The global forex market is the biggest financial market in the world with a daily volume of over US$6 trillion. It impacts essentially an...

Source: Enjoy The Life, Shutterstock Summary ASX 200 increased 0.8% on Friday, however it edged lower Monday morning with a decline of almost 33% following the quarterly rebalance announcement. ASX 200 saw 6 new companies being added...

After falling as low as $9.97 during the COVID-19 market crash last March, shares in ASX logistics software company WiseTech Global Ltd (ASX: WTC) have been steadily climbing back towards their pre-coronavirus levels in recent months. At t...

The OFX Group Ltd (ASX: OFX) share price is tiptoeing higher today following the release of its third-quarter trading update. At the time of writing, the OFX share price is defying the weakening ASX market, reaching $1.20. Q3 FY21 performa...

The WiseTech Global Ltd (ASX: WTC) share price is holding steady after it announced that its earnings forecast for FY21 is largely intact, providing the same level of guidance that it did in August. In early morning session, the WiseTech s...

The OFX Group Ltd Fully Paid Ord. Shrs (ASX: OFX) share price wasn’t invited to the morning rally after it posted its profit results. But it may not only be earnings news that’s holding back the stock as the S&P/ASX 200 Index (Index:^A...

At time of writing, the share price of WiseTech Global Ltd [ASX:WTC] is up 1.54%, trading at $31.57. The WTC share price climbed as a new strategic partnership was announced with OFX Group Ltd. WTC shares have now burst through previous res...

06 Nov 2020 - OFX will become WiseTech’s preferred provider for international payments.

The OFX Group Ltd Fully Paid Ord. Shrs (ASX: OFX) share price jumped after it struck its largest enterprise partnership when it announced a deal with WiseTech Global Ltd (ASX: WTC). The OFX share price surged 4.9% to $1.28 while the WTC sh...

In the past fortnight there were over 30 directors trades of $100,000 or more among ASX small cap directors. The list included multiple groups of directors. Five directors from water treatment stock Phoslock (ASX:PET) put in $1.3m between t...

It has now been exactly two months since the S&P/ASX 200 Index (ASX: XJO) reached its record high on February 20. How things have changed in the world since then. The spread of the coronavirus globally has shaken economies and sent cou...

The S&P/ASX 200 Index (ASX: XJO) dropped another 6.4% in what was another painful day for the Australian index. However, it rallied a little after the RBA said it would make an announcement tomorrow. Australia was told that 100-person...